How to charge in agile iterative approach?

Posted by user1620696 on Programmers See other posts from Programmers or by user1620696
Published on 2013-10-29T20:33:35Z Indexed on 2013/10/29 22:16 UTC
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agile

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Pricing

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budget

I have a doubt about budgeting when working with agile iterative approach. If I understood well, in agile at the end of each iteration we have usable product, so we have some of the requirements met and then some part of the software will be already working.

How do we charge for our work in this methodology? Do we charge per iteration, i.e. charge per major requirements being met, or just charge the customer when the software is indeed finished and then receive for everything at once?

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